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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CRI
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Carter's Inc stock upgraded from Strong Sell Candidate to Sell Candidate after Monday trading session.
(Updated on Apr 29, 2024)

Sell candidate since Apr 24, 2024 Loss -3.03% PDF

The Carter's Inc stock price gained 0.614% on the last trading day (Monday, 29th Apr 2024), rising from $70.01 to $70.44. During the last trading day the stock fluctuated 1.93% from a day low at $69.51 to a day high of $70.85. The price has risen in 6 of the last 10 days but is still down by -1.88% for this period. Volume fell on the last day by -635 thousand shares and in total, 1 million shares were bought and sold for approximately $74.93 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $69.89 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -8.17% during the next 3 months and, with a 90% probability hold a price between $64.18 and $77.19 at the end of this 3-month period.

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CRI Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 0.614%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Carter's Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $71.75 and $78.46. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Carter's Inc stock

Carter's Inc finds support from accumulated volume at $70.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.34 between high and low, or 1.93%. For the last week, the stock has had daily average volatility of 3.73%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CRI) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect Carter's Inc to open at $70.27, and during the day (based on 14 day Average True Range), to move between $68.29 and $72.59, which gives a possible trading interval of +/-$2.15 (+/-3.05%) up or down from last closing price. If Carter's Inc takes out the full calculated possible swing range there will be an estimated 6.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $70.01 (0.61%) than the resistance at $80.55 (14.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Carter's Inc stock A Buy?

Carter's Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -1.842 Sell Candidate Upgraded

Predicted Opening Price for Carter's Inc of Tuesday, April 30, 2024

Fair opening price April 30, 2024 Current price
$70.27 ( 0.245%) $70.44

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 71.61 1.66 %
R2 71.10 0.93 %
R1 70.78 0.483 %
Current price: 70.44
Support S1 69.75 -0.97 %
S2 69.44 -1.42 %
S3 68.93 -2.15 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 86.03 22.13 %
R2 81.47 15.66 %
R1 80.55 14.35 %
Current price 70.44
Support S1 70.01 -0.610%
S2 0 .
S3 0 .

CRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 26, 2024 Mar 08, 2024 Mar 29, 2024 $0.80 0.94%
2 Nov 27, 2023 Nov 27, 2023 Dec 08, 2023 $0.750 1.03%
3 Aug 29, 2023 Aug 29, 2023 Sep 15, 2023 $0.750 1.08%
4 May 18, 2023 May 26, 2023 Jun 09, 2023 $0.750 1.12%
5 Feb 23, 2023 Mar 06, 2023 Mar 17, 2023 $0.750 1.07%

FAQ

What is the symbol for Carter's Inc Stock and on which exchange is it traded?
The symbol for Carter's Inc is CRI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Carter's Inc Stock?
Carter's Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Carter's Inc Stock?
Carter's Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Carter's Inc Stock.

What's the current price of Carter's Inc Stock?
As of the end of day on the Apr 29, 2024, the price of an Carter's Inc (CRI) share was $70.44.

What is the 52-week high and low for Carter's Inc Stock?
The 52-week high for Carter's Inc Stock is $88.03 and the 52-week low is $60.66.

What is the market capitalization of Carter's Inc Stock?
As of the Apr 29, 2024, the market capitalization of Carter's Inc is 2.57B.

When is the next earnings date for Carter's Inc?
The upcoming earnings date for Carter's Inc is Jul 26, 2024.
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About Carter's Inc

Carter's Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter's My First Love, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International. Its Carter's products include babies and young children products, such as body... CRI Profile

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